The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Wright Medical Group NV's share price is $29.98.
Wright Medical Group NV's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 was $6.38. Hence, Wright Medical Group NV's PS Ratio for today is 4.70.
Warning Sign:
Wright Medical Group NV stock PS Ratio (=4.44) is close to 5-year high of 4.68
The historical rank and industry rank for Wright Medical Group NV's PS Ratio or its related term are showing as below:
WMGI'
s PS Ratio Range Over the Past 10 Years
Min: 2.14 Med: 3.72 Max: 5.5
Current: 4.44
During the past 12 years, Wright Medical Group NV's highest PS Ratio was 5.50. The lowest was 2.14. And the median was 3.72.
Wright Medical Group NV revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Wright Medical Group NV was -12.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.00% per year.
During the past 12 years, Wright Medical Group NV's highest 3-Year average Revenue per Share Growth Rate was 20.00% per year. The lowest was -15.90% per year. And the median was 1.00% per year.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Wright Medical Group NV's PS Ratio
For the Medical Devices subindustry, Wright Medical Group NV's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wright Medical Group NV's PS Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Wright Medical Group NV's PS Ratio distribution charts can be found below:
* The bar in red indicates where Wright Medical Group NV's PS Ratio falls into.
Wright Medical Group NV PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Wright Medical Group NV's Share Price of today is $29.98. Wright Medical Group NV's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.38.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Wright Medical Group NV (NAS:WMGI) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Wright Medical Group NV PS Ratio Related Terms
Thank you for viewing the detailed overview of Wright Medical Group NV's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wright Medical Group NV (Wright Medical Group NV) Business Description
Wright Medical Group develops medical devices and products in five categories: lower extremities, upper extremities, biologics, large joints, and sports medicine, and other. Products for lower extremities include joint implants and bone fixation devices for the foot and ankle, whereas products for upper extremities include implants and devices for the shoulder, elbow, wrist, and hand. The biologics business sells products used to treat damaged or diseased bone, tendons, and soft tissues or to stimulate bone growth. The large joints business sells hip and knee replacement implants. The firm's sports medicine products are used to mechanically repair tissue injuries. Wright Medical Group generates the majority of its revenue in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WMGI has been successfully added to your 